U.S. stock futures held steady ahead of Tuesday’s session, as investors weighed fresh trade news at the start of September, a month that is often challenging for stocks. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) Index were down 0.05%, 0.03%, and 0.02%, respectively, at 1:23 a.m. EDT on September 2.
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The moves followed a federal appeals court ruling on Friday that struck down most of President Donald Trump’s global tariffs, saying only Congress can impose such broad taxes. Trump called the ruling “highly partisan” and plans to appeal to the Supreme Court.
Wall Street ended August on a strong note. The Dow Jones Industrial Average gained more than 3%, the S&P 500 rose nearly 2%, and the Nasdaq 100 advanced 1.6%.
The Q2 2025 earnings season is nearly over, but several notable releases are still scheduled for this week. The highlight of the week will be Broadcom’s (AVGO) earnings release, scheduled for September 4. Other notable reports are coming from Zscaler (ZS), Salesforce (CRM), Hewlett Packard Enterprise (HPE), Dollar Tree (DLTR), Lululemon Athletica (LULU), and DocuSign (DOCU).
Looking ahead, investors are waiting for Friday’s August jobs report, which could guide the Federal Reserve’s interest rate decision later this month.
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